South Korea’s Samsung Heavy Industries (SHI) has been tempted to take part in the creation of an LNG terminal in India.
Fox Petroleum Group said it has officially invited the troubled shipbuilder to work on the floating storage and regasification unit (FSRU) LNG terminal at Karwar, Karnataka.
Initial negotiations are in progress for the hub which is expected to generate 7.2m tons per year, in a bid to make it the biggest LNG terminal in Asia.
Fox
